MANAGING DIRECTOR
REPORTS TO GROUP CEO | MEMBER OF GROUP EXECUTIVE | NATIONAL NETWORK
Lead WISROD’s microfinance business with full accountability for responsible growth, portfolio quality, customer value, operational excellence and regulatory integrity across the national network.
Job Summary
- Employer: wisrod
- Job Type: Full-time
- Location: Harare, Zimbabwe
- Category: Executive Management
- Closing Date: 2026-10-09
Key Responsibilities
- Drive sustainable portfolio growth, customer acquisition, channel strategy and branch productivity nationwide.
- Digitise the lending journey, improve turnaround times, automate decisions and embed strong cost discipline.
- Own origination, underwriting, collections and portfolio analytics; protect asset quality and ethical lending.
- Uphold regulatory, IFRS 9, KYC/AML, credit reporting and client protection standards; lead executive reporting.
- Build differentiated loan products, sharpen pricing and elevate customer experience, loyalty and retention.
- Build an accountable field organisation, develop leadership depth and align a dispersed national team behind results.
Requirements
- 10+ years of progressive leadership in microfinance, consumer lending or retail banking.
- Leadership of large, dispersed teams across credit, collections and branch operations.
- 5+ years at senior executive level leading credit, branch networks or an MFI business.
- Product and digital transformation experience within a growing lending institution.
- Demonstrable portfolio growth delivered with strong asset quality and collections.
- Relevant degree plus MBA or professional qualification such as ACCA, CIMA, ICAZ or Chartered Banker.
How to Apply
About the Company
Wisrod Group is a financial services company dedicated to enhancing financial inclusion within Zimbabwe. The company's core mission is to provide accessible and straightforward financial solutions for individuals and communities that are often overlooked by traditional banking systems. Wisrod achieves this by implementing economic interventions specifically designed for simplicity and ease of access. This approach ensures that more Zimbabweans can gain essential financial services, fostering greater economic participation. Through its operations, Wisrod Group aims to empower a wider segment of the population across the nation.
Hassle-free finance for unserved and underserved individuals.
Website: https://www.wisrod.com/
Frequently Asked Questions
What qualifications and experience are typically required for a Managing Director role in Zimbabwe?
Most employers require a Master's degree in Business Administration or a related field, plus at least 10-15 years of senior management experience. Professional certifications such as ACCA, CIMA, or Institute of Directors Zimbabwe membership are highly valued. Demonstrated track record in strategic leadership and P&L management is essential.
What are the common day-to-day responsibilities of a Managing Director in Zimbabwe?
You will oversee all company operations, chair executive meetings, and drive strategic business decisions aligned with board objectives. Daily activities include stakeholder engagement with government regulators, banking partners, and major clients. You also monitor financial performance and ensure compliance with Zimbabwean labour and tax laws.
How does executive work culture and expectations differ in Zimbabwe compared to other regions?
Zimbabwean business culture emphasizes strong personal relationships and respect for hierarchical structures, so networking and diplomacy are crucial. Decision-making often requires patience due to regulatory complexities and economic volatility. Employers expect visible leadership presence and community involvement, not just boardroom performance.
What career progression paths exist after serving as Managing Director in Zimbabwe?
Successful MDs often advance to Group CEO, regional Africa roles, or non-executive director positions on multiple boards. Some transition to entrepreneurship or consulting, leveraging established networks. Others move into parastatal leadership or diplomatic economic advisory roles.
What typical benefits should I expect or negotiate for this executive role?
Standard packages include comprehensive medical aid covering local and regional healthcare, pension contributions, and generous annual leave allowances. Vehicle allowances or company cars are common given transport challenges. Performance bonuses and share options may be offered, though these vary significantly by employer and sector.
How should I apply and what do Zimbabwean employers specifically look for in Managing Director candidates?
Applications typically require a detailed CV, certified academic documents, and references from previous board chairs or major stakeholders. Employers prioritize candidates with proven turnaround experience, local market knowledge, and clean regulatory records. Engaging executive search firms and professional networks like the Zimbabwe National Chamber of Commerce often yields better access than direct applications.